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Growth doubts linger as Singapore thinly skirts technical recession

Q3 GDP inches up 0.1% year-on-year - unchanged from the previous quarter; quarter-on-quarter, services the only sector to stay in the black

Annabeth Leow

Annabeth Leow

Published Mon, Oct 14, 2019 · 09:50 PM
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Singapore

SINGAPORE'S economy looks to have barely budged in the third quarter, in a Ministry of Trade and Industry (MTI) flash estimate, as the gross domestic product (GDP) inched up by just 0.1 per cent year on year - unchanged from the quarter prior.

This was even as the central bank's half-yearly monetary policy decision, also released on Monday, signalled optimism for some domestic sectors.

Policymakers' move to "sli…

KEYWORDS IN THIS ARTICLE

Singapore GDP
Singapore manufacturing

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